ASL Marine Holdings Balance Sheet Health
Financial Health criteria checks 1/6
ASL Marine Holdings has a total shareholder equity of SGD75.6M and total debt of SGD233.2M, which brings its debt-to-equity ratio to 308.3%. Its total assets and total liabilities are SGD530.3M and SGD454.6M respectively. ASL Marine Holdings's EBIT is SGD54.0M making its interest coverage ratio 1.9. It has cash and short-term investments of SGD8.9M.
Key information
308.3%
Debt to equity ratio
S$233.21m
Debt
| Interest coverage ratio | 1.9x |
| Cash | S$8.93m |
| Equity | S$75.65m |
| Total liabilities | S$454.63m |
| Total assets | S$530.28m |
Recent financial health updates
Health Check: How Prudently Does ASL Marine Holdings (SGX:A04) Use Debt?
May 13
Health Check: How Prudently Does ASL Marine Holdings (SGX:A04) Use Debt?
Jan 27Is ASL Marine Holdings (SGX:A04) A Risky Investment?
Aug 25Is ASL Marine Holdings (SGX:A04) Using Debt Sensibly?
Apr 19Is ASL Marine Holdings (SGX:A04) Using Too Much Debt?
Jan 04Does ASL Marine Holdings (SGX:A04) Have A Healthy Balance Sheet?
Sep 13Recent updates
ASL Marine Holdings (SGX:A04) Is Doing The Right Things To Multiply Its Share Price
Apr 21Here's Why ASL Marine Holdings Ltd.'s (SGX:A04) CEO May Deserve A Raise
Oct 24ASL Marine Holdings' (SGX:A04) Solid Earnings Are Supported By Other Strong Factors
Sep 06There's Been No Shortage Of Growth Recently For ASL Marine Holdings' (SGX:A04) Returns On Capital
Aug 31Revenues Not Telling The Story For ASL Marine Holdings Ltd. (SGX:A04)
Jul 18Health Check: How Prudently Does ASL Marine Holdings (SGX:A04) Use Debt?
May 13Health Check: How Prudently Does ASL Marine Holdings (SGX:A04) Use Debt?
Jan 27Is ASL Marine Holdings (SGX:A04) A Risky Investment?
Aug 25Is ASL Marine Holdings (SGX:A04) Using Debt Sensibly?
Apr 19Is ASL Marine Holdings (SGX:A04) Using Too Much Debt?
Jan 04Does ASL Marine Holdings (SGX:A04) Have A Healthy Balance Sheet?
Sep 13Is ASL Marine Holdings (SGX:A04) Using Debt Sensibly?
May 27A Quick Analysis On ASL Marine Holdings' (SGX:A04) CEO Salary
Feb 11Financial Position Analysis
Short Term Liabilities: A04's short term assets (SGD152.4M) do not cover its short term liabilities (SGD249.4M).
Long Term Liabilities: A04's short term assets (SGD152.4M) do not cover its long term liabilities (SGD205.2M).
Debt to Equity History and Analysis
Debt Level: A04's net debt to equity ratio (296.5%) is considered high.
Reducing Debt: A04's debt to equity ratio has increased from 161.3% to 308.3% over the past 5 years.
Debt Coverage: A04's debt is well covered by operating cash flow (33.9%).
Interest Coverage: A04's interest payments on its debt are not well covered by EBIT (1.9x coverage).